When exploring collaborations with other local businesses, it’s natural for many owners to consider competitors first. However, you can adopt a different and effective approach. Begin by creating a customer profile, understanding their demographics, income, and lifestyle, such as marital status and family size. Then, identify other products and services your customers frequently purchase locally, even if unrelated to your business.
For instance, if you sell insurance and discover that a significant portion of your customers frequent a particular dance studio, consider partnering with them. Organize a special thank-you event for your customers and prospects, featuring performances by the dance studio’s teams. Announce the event in advance, request RSVPs, and boost attendance by sending email and ringless voicemail reminders. By forging such partnerships, you enhance your connections with customers and prospects, fostering loyalty and community engagement in a unique and memorable way.